Welcome to our dedicated page for Procter & Gamble news (Ticker: PG), a resource for investors and traders seeking the latest updates and insights on Procter & Gamble stock.
Procter & Gamble (NYSE: PG) maintains its position as a global leader in consumer goods through iconic brands like Tide, Pampers, and Gillette. This news hub provides investors and stakeholders with essential updates about PG's financial performance, product innovations, and corporate strategies.
Access curated press releases, earnings call transcripts, and analysis of PG's market movements. Our collection focuses on operational developments including product launches, sustainability initiatives, and leadership updates that shape this consumer staples giant's trajectory.
Key resources include quarterly financial disclosures, regulatory filings, and strategic partnership announcements. Track PG's progress in key markets through verified updates about supply chain enhancements and brand portfolio optimization efforts.
Bookmark this page for streamlined access to PG's latest corporate communications. Combine these primary sources with broader market analysis to inform your understanding of this Dividend Aristocrat's evolving position in the consumer goods sector.
Eastman has partnered with Procter & Gamble to enhance recycling solutions and reduce reliance on virgin plastic packaging. This collaboration aims to implement Eastman Renew materials in select P&G products, promoting a circular economy. Both companies will work on initiatives to improve recycling infrastructure in the U.S., focusing on hard-to-recycle plastics. Eastman plans to construct a major plastic-to-plastic recycling facility in Kingsport, Tennessee, set to complete in 2022, utilizing over 200 million pounds of landfill-bound plastic annually.
The Procter & Gamble Company (NYSE:PG) reported fourth quarter and fiscal year 2021 results, showing strong performance with net sales of $76.1 billion, up 7% from the prior year. Diluted EPS increased 11% to $5.50. Despite challenges, P&G expects continued growth in fiscal 2022, estimating all-in sales growth of 2-4% and GAAP EPS growth of 6-9%. However, they anticipate headwinds from increased commodity and freight costs amounting to approximately $1.9 billion after-tax, impacting EPS growth by 12% percentage points.
Procter & Gamble (NYSE: PG) has announced that Jon R. Moeller will succeed David Taylor as President and CEO, effective November 1, 2021. Taylor will transition to the role of Executive Chairman. Moeller, who has been with P&G since 1988 and held various senior leadership positions, including COO, expressed confidence in the company's future and its commitment to sustained excellence. Additionally, Shailesh Jejurikar has been appointed COO, effective October 1, 2021. The Board believes this is the right moment for leadership transition to ensure continued growth and value creation.
Secret's new campaign, Just #WatchMe, aims to combat the alarming dropout rate of girls in sports, which is twice that of boys by age 14. The initiative includes a $150,000 pledge to girls' sports as part of a $1 million commitment to gender equality and encourages society to support women athletes. Through partnerships with the Women’s Sports Foundation, the campaign promotes inclusivity and visibility in women’s sports. Events include murals in major cities and a viewing party in NYC, aiming to fill bleachers and inspire young female athletes.
Always and Walmart are collaborating with the Women’s Sports Foundation to encourage girls to stay in sports, launching the #KeepHerPlaying initiative. Olympic gymnast Laurie Hernandez supports this campaign, which highlights the essential life skills girls acquire through sports participation. Research shows nearly half of U.S. girls drop out of sports during puberty, while 66% of women attribute their success to sports. Always has committed $500,000 in grants to help organizations provide opportunities for girls in sports. The initiative aims to combat economic barriers and ensure equitable access to athletic programs.
Gillette Venus has launched a new limited-edition shave collection in collaboration with Rifle Paper Co., featuring hand-illustrated floral designs on popular products. This collection aims to enhance beauty routines with both aesthetic appeal and trusted product performance. Available exclusively at Target, products include a Deluxe Smooth Sensitive Razor priced at $14.99 and Pure Honeyflower Shave Cream for $5.99. The partnership highlights the integration of art and functionality in everyday grooming products.
Gillette Venus has unveiled a new limited-edition shave collection in partnership with Rifle Paper Co., featuring signature floral designs on various products. The collection includes the Deluxe Smooth Sensitive Razor ($14.99), blade refills ($19.99), disposable razors ($6.99), and Pure Honeyflower Shave Cream ($5.99). Available exclusively at Target, this collaboration aims to merge beauty with functionality in daily grooming. Kara Buckley from Procter & Gamble expresses excitement over this partnership, highlighting the innovative designs that enhance everyday beauty experiences.
The Procter & Gamble Company (NYSE: PG) has declared a quarterly dividend of $0.8698 per share on its Common Stock, and on Series A and Series B ESOP Convertible Class A Preferred Stock. The dividend is scheduled for payment on or after August 16, 2021, to shareholders of record by July 23, 2021. P&G has a remarkable history of 131 consecutive years of dividend payments and has increased its dividend for 65 consecutive years, underscoring its dedication to returning value to shareholders.
Quiet & Roar, a new body care brand from Procter & Gamble, launches a multi-sensorial product line designed to alleviate anxiety and enhance wellness. The collection includes body washes, scrubs, and lotions, featuring essential oils and crafted scents such as Lavender, Lemon Blossom, and Coconut. Priced at $8.99, these products are aimed at helping Gen Z manage stress, according to research showing 91% of this demographic experiences anxiety. All offerings are free from parabens, phthalates, and dyes, and are cruelty-free, available exclusively at Target.
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